Joint Operating Agreement Template for New Zealand

1. Health, Safety and Environment: Detailed HSE requirements, recommended for operations with significant physical activities

2. Indigenous Rights and Cultural Heritage: Required when operations affect indigenous lands or cultural sites

3. Local Content: Requirements for local workforce or supplier participation, relevant for certain jurisdictions

4. Decommissioning: Relevant for projects involving physical infrastructure that will need eventual dismantling

5. Anti-corruption and Compliance: Detailed compliance provisions, particularly important for international operations

6. Intellectual Property: Required when the joint operation involves development of IP or use of existing IP

7. Emergency Response: Detailed emergency procedures for high-risk operations

8. Change in Law: Procedures for dealing with regulatory changes, important for long-term agreements

1. Schedule 1 - Participating Interests: Detailed breakdown of ownership percentages and contributions

2. Schedule 2 - Operating Committee Procedures: Detailed procedures for meetings, voting, and decision-making

3. Schedule 3 - Accounting Procedure: Detailed financial and accounting procedures

4. Schedule 4 - Contract Area: Maps and coordinates of the operational area

5. Schedule 5 - Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

6. Schedule 6 - HSE Requirements: Detailed health, safety, and environmental standards and procedures

7. Schedule 7 - Form of Assignment Deed: Template for future transfers of interest

8. Schedule 8 - Technical Specifications: Detailed technical requirements and standards

9. Appendix A - Initial Work Program and Budget: First agreed work program and budget

10. Appendix B - Bank Guarantee Form: Template for required financial securities